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The journal entry to close a $3,000 loss in the income summary account would be...

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Accounting

The journal entry to close a $3,000 loss in the income summary account would be

A Net loss 3,000 Income summary 3,000

B Income summary 3,000 Expenses 3,000

C Income summary 3,000 Retained Earnings-equity 3,000

D Retained Earnings-equity 3,000 Income summary 3,000

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